Full-year 2023 revenues were up 32.9 percent to $115.0 million on strong sales of powersports vehicles and Pontoon boats.
Author: SGB Media
EXEC: Adidas Gets Another Yeezy Lift in Q1; Increases 2024 Guidance
Adidas now expects full-year 2024 currency-neutral revenues to increase at a mid- to high-single-digit rate in 2024, up from its previous forecast for a mid-single-digit increase. The latest Yeezy drop added revenues of around €150 million and an operating profit of around €50 million in the first quarter.
Head/Tyrolia Hires Wintersports Marketing Coordinator
Natalie Dyksterhouse’s “deep connection to the sport enriches her approach to the role at Head.”
Planet Fitness Appoints New CEO as Company Plays Defense Over Locker Room Access
The company appointed Colleen Keating as CEO, effective June 10, 2024. At that time, Craig Benson will resign as interim CEO but will continue to serve as a member of the company’s Board of Directors.
The Athlete’s Foot Opening Two New Stores in Baton Rouge
The retailer is opening two new locations in Baton Rouge, LA. The stores will have grand open celebrations on April 19 and April 20.
Puma Golf Signs Viktor Hovland
Norwegian superstar steps into exclusive shoe deal as he tees it up in Augusta.
Gildan Activewear’s New CEO Outlines Key Company Priorities and Guidance
Revenue growth for the full year is expected to be flat to up low-single-digits. Gildan also announced that its preliminary Q1 2024 net sales are expected at approximately $695 million, or down about 1 percent year-over-year.
Five Iron Golf Expands into Port Chester, NY
Led by seasoned professionals John Cornelius, Jake Dowden, Jeff Kelly, and George Jamgochian, the 7,655-square-foot facility, features ten TrackMan simulators, housed within the Tarry Lighthouse development, situated between Greenwich, CT and Rye, NY.
Sergeant Names Ray “Cash” Care Global Brand Ambassador
Care, an ex-Navy Seal, joins the company as it prepares to launch an expanded product line of tactical, outdoor and survival gear with a new cross-platform ad campaign reaching service members, law enforcement, first responders, adventurers, and outdoor enthusiasts across the U.S.
SDS Imports Hires Christopher DiCenso as CEO
DiCenso’s career includes being a managing partner at Growth Strategy Partners, where he specialized in accelerating revenue, profit and organizational growth for firearm and related companies.
Terence Reilly Rejoining Crocs, Inc. as New President of HeyDude Brand
Terence Reilly will join the Crocs, Inc. executive leadership team on April 29, reportinh to company CEO Andrew Rees. Reilly succeeds Rick Blackshaw who is leaving the company effective immediately.
Bankruptcy Court Approves BowFlex Purchase Agreement
Under the terms of the Purchase Agreement, Johnson Health Tech agreed to acquire substantially all of the company’s assets for $37.5 million in cash, less certain adjustments.
Detroit Pistons to Bolster Executive Team
The club plans to reorganize and bolster its basketball front office, which includes filling the role of a new head of basketball operations, reporting directly to Tom Gores.
Prince Teams Up With Target on Limited-Edition Pickleball Collection
Prince, the tennis and lifestyle apparel brand, will release a limited-edition pickleball collection with Target on April 20.
BRC: UK Retail Sales See Good Recovery in March, Outpacing U.S. Trends
The British Retail Consortium said UK total March retail sales increased 3.5 percent year-over-year in March, cycling growth of 5.1 percent in March 2023. This was said to exceed the 3-month average growth of 2.1 percent and the 12-month average growth of 2.9 percent.
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